A statement from MUFG contradicts earlier press reports, which claimed that it would launch a digital currency in 2020 following a recent partnership. MUFG Bank, the largest bank in Japan and the world’s fifth-largest bank, has denied reports that it plans to launch a digital currency in Japan next year. In a statement on Dec.…
Read more
China’s Great Firewall, a tool used to ban Chinese people from using sites like Google, and Facebook, has blocked Etherscan’s site. China’s Great Firewall, a tool used to ban Chinese citizens from using sites like Google and Facebook, has listed a major explorer for Ethereum’s (ETH) blockchain. According to data from non-profit monitoring organization GreatFire,…
Read more
Ethereum developers propose a hard fork named Muir Glacier intended to address the impending Ice Age on the Ethereum mainnet. Ethereum developers have proposed a hard fork, named Muir Glacier, that should address the impending Ice Age, which could cause a significant slowdown on the Ethereum mainnet. In an Ethereum improvement proposal at the end…
Read more
Open Privacy, a non-profit group working on a decentralized metadata-resistant messenger, received 1,044 ZEC from Zcash. The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from…
Read more
Ripple (XRP) charts suggest that there may be early signs of a price reversal after a year-long downtrend. The majority of the Ripple (XRP) holders were waiting for the yearly Swell conference to bring some excitement to XRP price. However, the price didn’t move at all and now Ripple is searching for annual lows on…
Read more
OneConnect Financial Technology, a unit of China’s major insurer Ping An, aims to raise up to USD 504 million in an initial public offering (IPO), compared to USD 1 billion, reportedly considered in June this year. The IPO was launched yesterday after the company reduced both its target offering size and valuation, according to their…
Read more
Canadian venture capital firm secured $320 million to make investments in promising fintech startups around the world, with a particular focus on Canada. Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally. On Dec. 3, TechCrunch reported that the VC…
Read more
Security researchers have uncovered a vulnerability that could allow hackers to access private data on any Android phone, including login credentials to crypto wallets. Promon security researchers have uncovered a vulnerability that could allow cybercriminals to access private data on any Android phone. 500 most popular apps are at risk On Dec. 2, the Norwegian…
Read more
Bitcoin price hovers around the $7,300 mark as the cryptocurrency markets remain sluggish. Tuesday Dec. 3 — Most cryptocurrencies continue trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days. Cryptocurrency market daily overview. Source: Coin360 Bitcoin started the day at $7,344, at which point…
Read more
Cointelegraph launches its consulting division to drive enterprise blockchain adoption, partnering with Insolar and VeChain to grow network reach and educate the general public on the value of blockchain for business. Cointelegraph, the leading publication for blockchain and cryptocurrency news, has announced the launch of its Cointelegraph Consulting division. The new business sector is focused…
Read more
